7008 162Nd Ave Vancouver, WA 98682
This exceptional 8-acre commercial land parcel in Clark County presents a unique build-to-suit or ground lease opportunity. The site boasts a highly desirable location at a hard corner with a traffic light, ensuring excellent visibility and accessibility for any development. Previously prepared for construction, the land has undergone site rough grading, tree removal, and wetland mitigation, significantly reducing development hurdles and saving time and costs. Priced at $45.00 per square foot, this property offers substantial value for developers seeking a strategic location. The zoning is designated as CC (Community Commercial), allowing for a variety of uses including retail establishments, offices, institutions, and even mixed-use developments catering to the needs of nearby residential communities. This zoning designation provides flexibility for a wide range of commercial projects, making it an ideal investment for businesses seeking to establish a strong presence in a thriving area. The property's size and location make it suitable for a large-scale development, offering significant potential for return on investment. Don't miss this chance to acquire a prime commercial land parcel ready for immediate development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.